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When the government is your master, you will be innovative only insofar as it is necessary to achieve government objectives. SenseTime may be a great investment
by ttul 8y ago
When the government is your master, you will be innovative only insofar as it is necessary to achieve government objectives. SenseTime may be a great investment because of that implicit support, but it doesn’t make them a great company nor much of a competitive threat to rivals who are exposed to the rigors of the market.
- musage 8y ago> Certain backward areas have advanced, and various devices always in some way connected with warfare and police espionage have developed, but experiment and invention have largely stopped. -- George Orwell, "Nineteen-Eightyfour"
- Barrin92 8y agoThat quote is exemplary of Orwell's personal feud with Stalinism rather than an accurate prediction. Historically, neither in the USA or China, has technological cooperation with the military slowed down technological advance (in fact public moonshots were arguably a driver behind most of the technology we take for granted). For a thorough criticism of 1984 as a device to explore technology in the future, I recommend Asimov's harsh criticism of the book. http://www.newworker.org/ncptrory/1984.htm http://www.newworker.org/ncptrory/1984.htm
- mistrial9 8y agoyou neglect to mention -- the ability to implement a technology in systems and in the field. Government "by definition" has the ability to use resources to deploy, to a degree that is not easily understood by an individual.
- siidooloo 8y agoCompanies that get too intermingled with the Chinese government are likely to fall victim to some corporate version of Lysenkoism. No company is good at everything. All companies fail eventually. But, if you can’t you’ll eventually grind away miss-applying whatever you can do to whatever you’ve been order to do.